Brazil’s prosperity hinges on its capacity to harness the foundational element of any economy: energy. However, for millions of Brazilians, the path to economic advancement is complicated by the hypocritical “green” agendas of leaders in […]
Raw materials are the great overlooked in the global technological competition. In 1992 the father of China’s economic revolution, Deng Xiaoping, said that ‘the Middle East has the oil, but China has the rare earths’. […]
Petróleo Brasileiro SA has signed a memorandum of understanding with the government of Rio Grande do Norte to explore the feasibility of a pilot offshore wind project in the state. Rio Grande do Norte will […]
(WO) – At the “Strengthening the National Shipbuilding Industry and the Offshore Energy Sector,” held by the Brazilian Oil and Gas Institute (IBP) on Thursday, 4/18, Petrobras estimated investments of around $73 billion in exploration […]
(WO) – Petrobras has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploration well on concession POT-M-762_R15. The 1-BRSA-1390-RNS (Anhangá) well is offshore between Ceará and Rio Grande […]
This marks the second discovery in the Potiguar Basin in 2024, following the Pitu Oeste Well, which is 24km from Anhangá. Petrobras has announced the discovery of oil deposits in the ultra-deep waters of the […]
Brazilian oil and gas company Enauta has set the wheels into motion to bring into being a larger and more diversified independent oil and gas company in Latin America by proposing a business combination with […]
US LNG player New Fortress Energy has completed its previously announced deal with Ceiba Energy to acquire a 1.6 GW capacity reserve contract, positioning NFE as a “leading” LNG-to-power company in Brazil. In December last […]
The bloc’s acronym is a “brand” and the addition of new members will not change that, a top Russian diplomat has said The BRICS economic group will keep its current name despite the bloc’s expansion, […]
Cliched talking points aside about all countries being considered by the RIC core of BRICS as equals and third parties’ sensitivities not influencing any of their bilateral relations, the reality is altogether different in practice. […]
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